Applied Optoelectronics, Inc. (AAOI)

AAOI Balance Sheet

Assets, liabilities, and equity analysis

AAOI Quarterly Balance Sheet (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Total Current Assets	992.577M	992.577M	675.727M	575.312M	458.338M	358.842M	301.268M	188.363M	132.969M
Cash & Cash Equivalents	449.377M	449.377M	216.035M	136.961M	64.699M	51.144M	67.428M	34.124M	10.653M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	449.377M	449.377M	216.035M	136.961M	64.699M	51.144M	67.428M	34.124M	10.653M
Accounts Receivable	298.996M	298.996M	244.404M	224.028M	211.452M	171.101M	116.801M	75.154M	58.096M
Inventory	206.246M	206.246M	183.105M	170.214M	138.867M	102.313M	88.135M	64.382M	54.322M
Total Assets	1.566B	1.566B	1.168B	978.528M	796.850M	644.668M	547.032M	409.972M	348.040M
Property, Plant & Equipment	490.952M	490.952M	425.747M	352.351M	291.492M	250.669M	228.881M	209.405M	202.030M
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	3.614M	3.614M	3.623M	8.444M	3.639M	3.634M	8.517M	3.663M	8.555M
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Liabilities	259.428M	259.428M	257.283M	249.142M	216.843M	191.007M	170.069M	117.102M	80.939M
Accounts Payable	148.160M	148.160M	143.932M	150.145M	132.962M	124.866M	104.969M	55.991M	33.518M
Short-Term Debt	44.157M	44.157M	37.497M	62.024M	54.290M	44.304M	41.629M	39.417M	27.554M
Total Liabilities	459.927M	459.927M	434.505M	419.443M	371.869M	335.655M	317.920M	197.886M	161.546M
Long-Term Debt	129.516M	129.516M	129.829M	130.120M	133.936M	136.040M	138.810M	77.053M	76.690M
Total Debt	173.673M	173.673M	167.326M	235.163M	211.221M	190.301M	190.860M	121.316M	109.248M
Net Debt (Cash)	-275.704M	-275.704M	-48.709M	98.202M	146.522M	139.157M	123.432M	87.192M	98.595M
Total Shareholders' Equity	1.106B	1.106B	733.918M	559.085M	424.981M	309.013M	229.112M	212.086M	186.494M
Common Stock	79K	79K	75K	68K	62K	53K	49K	45K	41K
Retained Earnings	-504.359M	-504.359M	-490.079M	-488.057M	-470.121M	-461.023M	-451.851M	-332.160M	-314.403M
Current Ratio	3.83	3.83	2.63	2.31	2.11	1.88	1.77	1.61	1.64
Debt to Equity Ratio	0.16	0.16	0.23	0.42	0.50	0.62	0.83	0.57	0.59

AAOI Annual Balance Sheet (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Current Assets	675.727M	301.268M	172.605M	183.164M	194.079M	209.169M	192.804M	194.275M
Cash & Cash Equivalents	216.035M	67.428M	45.366M	24.685M	34.656M	43.425M	59.977M	55.646M
Short-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	216.035M	67.428M	45.366M	24.685M	34.656M	43.425M	59.977M	55.646M
Accounts Receivable	244.404M	116.801M	48.290M	61.514M	56.092M	43.443M	34.655M	30.534M
Inventory	183.105M	88.135M	63.866M	79.679M	92.516M	110.397M	85.028M	93.256M
Total Assets	1.168B	547.032M	389.186M	408.263M	454.459M	480.805M	466.825M	466.840M
Property, Plant & Equipment	425.747M	228.881M	205.343M	215.776M	250.170M	260.801M	256.331M	234.211M
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	3.623M	3.680M	8.658M	8.937M	9.692M	9.853M	9.679M	9.791M
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Current Liabilities	257.283M	170.069M	93.358M	138.582M	108.957M	103.148M	91.355M	77.418M
Accounts Payable	143.932M	104.969M	32.892M	47.845M	34.402M	29.482M	32.828M	29.910M
Short-Term Debt	37.497M	41.629M	38.965M	69.411M	57.887M	54.125M	39.681M	28.217M
Total Liabilities	434.505M	317.920M	174.317M	223.593M	199.889M	202.914M	193.031M	137.746M
Long-Term Debt	129.829M	138.810M	76.233M	79.506M	83.680M	91.758M	93.593M	60.328M
Total Debt	167.326M	190.860M	121.073M	155.526M	149.900M	154.921M	142.339M	88.545M
Net Debt (Cash)	-48.709M	123.432M	75.707M	130.841M	115.244M	111.496M	82.362M	32.899M
Total Shareholders' Equity	733.918M	229.112M	214.869M	184.670M	254.570M	277.891M	273.794M	329.094M
Common Stock	75K	49K	38K	29K	27K	25K	20K	20K
Retained Earnings	-490.078M	-451.851M	-265.116M	-209.068M	-142.671M	-88.509M	-30.057M	35.992M
Current Ratio	2.63	1.77	1.85	1.32	1.78	2.03	2.11	2.51
Debt to Equity Ratio	0.23	0.83	0.56	0.84	0.59	0.56	0.52	0.27

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Applied Optoelectronics, Inc.

Applied Optoelectronics, Inc. (AAOI) is a global technology firm specializing in the creation, production, and distribution of fiber-optic networking solutions. Its extensive product catalog features optical modules, a range of laser components, subassemblies, transceivers, and complete turn-key systems. The company also supplies critical infrastructure hardware such as headend, node, and distribution equipment. AAOI caters to a varied clientele, including internet data center operators, manufacturers of cable television and telecommunications equipment, and internet service providers, utilizing both direct and partner-based sales channels. Founded in 1997, Applied Optoelectronics, Inc. is headquartered in Sugar Land, Texas.

Sugar Land, TX

3,309 employees

www.ao-inc.com

Technology / Semiconductors

Sector: Technology
Industry: Semiconductors
CEO: Chih-Hsiang Lin

View full financials